Home
99% of the goods imported and economists beating Iraq with alarm
29-03-2015 04:14 PM
For years, industry, agriculture and tourism in Iraq very vulnerable on the production, with imported products in these sectors is 99%, and economists and investment authority finds that the ' very serious ' in the country reaches a population of 35 million people.
Member of parliamentary Committee on the economy and investment, Osman Tahir Tahsin, the import dependence: topic raised during the hearings of the Committee, the Minister for trade and investment, adding that this is a setback for the country's economic policy '.
According to the legislative institution doski endeavoured to support the domestic investor, changing and activating some decisions which are an obstacle to economic development, through support for productive projects which serve the interests of the country.
According to Tahsin, the ongoing debates in the House of representatives to find new mechanisms to activate the country's wealth, and that the oil wealth of Iraq to determine the annual budget.
Skepticism and adoption
In contrast, question the Chairman of the Finance Committee in the Parliament of Kurdistan, Azza Saber, the percentage of imports in the sector, adding that this figure is not accurate, but the saber does not negate that Iraq relies on imports by a large margin at the expense of domestic production.
He said the federal budget for 2004 and 2005 were wholly dependent on oil exports, but on balance the 2015 relied on those exports by 84%, and that means there are other resources in the country ', he said.
Saber criticized unilateral policy adopted by Iraq, adding that reflected negatively on the economy of the country, once the global oil prices fall, the Iraqi economy entangleth himself.
Iraq currently suffers from financial hardship as a result of lower oil prices and other factors, this reduction has led to a 25% shortfall in the budget year.
On the development of the Kurdish region, said Saber that the territorial Government ' has succeeded to some extent when allocated 40 million dollars to support small enterprises in the previous budget, returned a good start.
Kurdish mp stressed that the Kurdish Parliament in the ytra is currently working on activating some laws that serve the private sector, as well as to examine other laws, adding that he is continuing to support small enterprises under the control of Parliament, which serve the largest number of citizens and support local production, he said.
The President of the Federation of businessmen in the Kurdish region, Hirsch pilot, ' the wrong economic policy pursued by Iraq and consult workers in industry, agriculture, tourism and other productive sectors, and dependence on oil, all of which created a consumer rather than a producer. '
He said this hampered Iraq's exit from reliance on import escargot frangible economy emerged.
The pilot ' countries are invading Iraq with goods under the international standards, and are the only ones benefiting from the goodness of the country in a humiliating manner, in the presence of politicians rather than their people's interests '.
He called for quick action to support local production through laws that protect the product and the consumer at the same time, encourage domestic investment which did not exceed 3% in Central and southern Iraq, which is currently disabled in the Kurdistan region.
[You must be registered and logged in to see this link.]
29-03-2015 04:14 PM
For years, industry, agriculture and tourism in Iraq very vulnerable on the production, with imported products in these sectors is 99%, and economists and investment authority finds that the ' very serious ' in the country reaches a population of 35 million people.
Member of parliamentary Committee on the economy and investment, Osman Tahir Tahsin, the import dependence: topic raised during the hearings of the Committee, the Minister for trade and investment, adding that this is a setback for the country's economic policy '.
According to the legislative institution doski endeavoured to support the domestic investor, changing and activating some decisions which are an obstacle to economic development, through support for productive projects which serve the interests of the country.
According to Tahsin, the ongoing debates in the House of representatives to find new mechanisms to activate the country's wealth, and that the oil wealth of Iraq to determine the annual budget.
Skepticism and adoption
In contrast, question the Chairman of the Finance Committee in the Parliament of Kurdistan, Azza Saber, the percentage of imports in the sector, adding that this figure is not accurate, but the saber does not negate that Iraq relies on imports by a large margin at the expense of domestic production.
He said the federal budget for 2004 and 2005 were wholly dependent on oil exports, but on balance the 2015 relied on those exports by 84%, and that means there are other resources in the country ', he said.
Saber criticized unilateral policy adopted by Iraq, adding that reflected negatively on the economy of the country, once the global oil prices fall, the Iraqi economy entangleth himself.
Iraq currently suffers from financial hardship as a result of lower oil prices and other factors, this reduction has led to a 25% shortfall in the budget year.
On the development of the Kurdish region, said Saber that the territorial Government ' has succeeded to some extent when allocated 40 million dollars to support small enterprises in the previous budget, returned a good start.
Kurdish mp stressed that the Kurdish Parliament in the ytra is currently working on activating some laws that serve the private sector, as well as to examine other laws, adding that he is continuing to support small enterprises under the control of Parliament, which serve the largest number of citizens and support local production, he said.
The President of the Federation of businessmen in the Kurdish region, Hirsch pilot, ' the wrong economic policy pursued by Iraq and consult workers in industry, agriculture, tourism and other productive sectors, and dependence on oil, all of which created a consumer rather than a producer. '
He said this hampered Iraq's exit from reliance on import escargot frangible economy emerged.
The pilot ' countries are invading Iraq with goods under the international standards, and are the only ones benefiting from the goodness of the country in a humiliating manner, in the presence of politicians rather than their people's interests '.
He called for quick action to support local production through laws that protect the product and the consumer at the same time, encourage domestic investment which did not exceed 3% in Central and southern Iraq, which is currently disabled in the Kurdistan region.
[You must be registered and logged in to see this link.]
